I&M Bank and TATU City Property Financing Pact
Tatu City and I&M Bank signed a Memorandum of Understanding to facilitate access to credit for buyers of property within the 5,000-acre development.
The MoU between Tatu City and I&M Bank will make it easier for buyers to access financing for purchasing land and constructing homes and businesses. As part of the new agreement, I&M Bank will provide a dedicated relationship management team to service Tatu City clients who are buying serviced land or financing construction.
I&M will also offer repayment periods of up to 20 years at interest rates not exceeding 12.5% per annum to eligible Tatu City buyers. The two companies share a vision to provide financial products that will benefit current and future clients. Tatu City is working hard to make the dream of home ownership for Kenyans come true, and the agreement with I&M Bank underpins this commitment. With the new partnership, Tatu City is targeting not only home buyers, but also industrial and commercial business owners.
I&M Bank has already financed a number of industrial buyers who have chosen Tatu Industrial Park for their businesses.
I&M Bank, is consistently working towards providing market driven financial solutions. Their products are informed by the needs of our customers and those of the economy.
The bank’s partnership with Tatu City will allow more Kenyans the opportunity to own a home and become a part of the community at Tatu City. I&M Bank is committed to creating long term relationships that are beneficial to all parties involved.
I&M Bank has a robust Mortgage Financing offering
- Designed to meet a wide range of needs such as purchase of property, undeveloped plots, construction, renovations.
- Offering a wide range of products that caters to customers’ needs in terms of amount, loan purpose and repayment flexibility.
Tatu City already has two schools open which are educating 1,500 students daily
An operational industrial park with more than 50 businesses
Thousands of homes under development
World-class infrastructure to serve the needs of 150,000 residents and more than 30,000 daily visitors.
When complete, Tatu City will feature;
- Fully operational central business district
- More than 30,000 homes to suit all income brackets
- Parks and green spaces
- Leisure and entertainment facilities
- Medical centres.
To become part of this amazing community, reach us through email@example.com or
+254 708 555 555 and we will give you more details.